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RWE to expand its green hydrogen production capacity and import opportunities

RWE to expand its green hydrogen production capacity and import opportunities

RWE is set to accelerate the company’s ‘Growing Green’ initiative that promotes sustainable practices with hydrogen to become central to the €50bn ($56m) gross core business.

As part of the new sustainable initiative, RWE will target an average of €5bn ($5.6m) gross each year for its hydrogen production and projects which will significantly support the scale up of the clean energy carrier’s adoption.

Read more:Shell, RWE partner to accelerate the development of ambitious green hydrogen projects*
Read more:
New joint project to turn the Ruhr region of Germany into a hub for hydrogen

Across a range of different energy markets, RWE will expand its portfolio from 25GW net to 50GW in Europe, North America, and the Asia-Pacific Region.

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